{"schema_version":"secwatch.filing_event.v1","accession":"0001628280-24-002282","form_type":"8-K","ticker":"RMBI","cik":"0001767837","company_name":"Richmond Mutual Bancorporation, Inc.","filed_at":"2024-01-26T23:59:59+00:00","discovered_at":"2026-05-14T18:03:25.455296+00:00","generated_at":"2026-06-06T16:37:57.954752+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"Richmond Mutual Q4 net income $1.9M ($0.19 EPS), down 42% YoY; NIM 2.67%","bullets":["EPS $0.19 flat QoQ, down from $0.31 in Q4 2022; full-year EPS $0.91 vs $1.17.","Net interest margin 2.67% vs 2.66% Q3 2023 and 3.33% a year ago; higher funding costs offset asset yields.","Loans and leases net of allowance $1.1B, up 13.5% YoY; deposits $1.0B up 3.7%.","Nonperforming loans 0.72% of total loans (down from 0.94%); provision for credit losses $304K.","Book value per share $12.03; repurchased 91,575 shares at avg $10.66 in Q4."],"urls":{"canonical":"https://secwatch.observer/filing/0001628280-24-002282","json":"https://secwatch.observer/filing/0001628280-24-002282.json","markdown":"https://secwatch.observer/filing/0001628280-24-002282.md","text":"https://secwatch.observer/filing/0001628280-24-002282.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1767837/000162828024002282/0001628280-24-002282-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1767837/000162828024002282/rmbi-20240125.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-06T16:37:57.954752+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"19a90eb1d868430fe4f7d082a710b5da17355ee5","claim":"Richmond Mutual Bancorporation, Inc. reported the year ended December 31, 2023 results: net income Net income was $9.5 million, or $0.91 diluted earnings per share, for the year ended December 31, 2023, EPS $0.91 diluted earnings per share.","evidence_excerpt":"Net income was $9.5 million, or $0.91 diluted earnings per share, for the year ended December 31, 2023, compared to net income of $13.0 million, or $1.17 diluted earnings per share, for the year ended December 31, 2022.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1767837/000162828024002282/0001628280-24-002282-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the year ended December 31, 2023"},{"label":"Net income","value":"Net income was $9.5 million, or $0.91 diluted earnings per share, for the year ended December 31, 2023"},{"label":"EPS","value":"$0.91 diluted earnings per share"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"bbb7864acbf04e55959af3daa2f064d3a1d00ac8","claim":"Richmond Mutual Bancorporation, Inc. reported fourth quarter of 2023 results: net income net income of $1.9 million, or $0.19 diluted earnings per share, EPS $0.19 diluted earnings per share.","evidence_excerpt":"Richmond Mutual Bancorporation, Inc., a Maryland corporation (the “Company”) (NASDAQ: RMBI), parent company of First Bank Richmond (the “Bank”), today announced net income of $1.9 million, or $0.19 diluted earnings per share, for the fourth quarter of 2023","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1767837/000162828024002282/0001628280-24-002282-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"fourth quarter of 2023"},{"label":"Net income","value":"net income of $1.9 million, or $0.19 diluted earnings per share"},{"label":"EPS","value":"$0.19 diluted earnings per share"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}